18 Sep 2014
Head of public sector, charities and not-for-profit, Spence & Partners
David is a director at Spence & Partners Actuaries and Dalriada Trustees.
He performs the role of a professional pension scheme trustee and specialises in providing pensions advice to charities and not-for-profit organisations, especially those who run their own final salary schemes or who participate in the LGPS and multi-employer schemes.
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A new way of calculating PPF levies for not-for-profit organisations is likely to save most charities money, says David Davison, but a few could be big losers.
Many charities want to leave multi-employer pension schemes but cannot afford to. David Ainsworth looks at proposals to address the issue.
Last month charities under the London Pension Fund Authority scheme saw their payments sharply rise due to changes to how their debt and risk of default is calculated. David Davison warns other local government pension schemes could follow suit.
David Davison reminds charities that FRS102 is just around the corner and it is essential that they prepare for it now.
David Davison discusses the possibility of securing your charities’ intellectual property against your pension liabilities.